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1873-S Open 3, is a Type 2 U.S. Liberty Double Eagle. Since the underlying spot gold market has accelerated recently due, in part, by the floundering US dollar, the premiums paid for scarce to very scarce $20 gold pieces like this have all but evaporated. For example, there are only 347 coins graded for this 1873-S $20 by NGC as AU58 with 123 finer (as uncirculated - finest being MS62). By comparison, the 1904 $20 gold piece - which sells for the same amount in this grade - has 1,125 coins graded by NGC as AU58 with 254,674 finer (as uncirculated - finest being MS67)
If you're buying U.S. $20s as a hedge or investment, which would you rather own???
NGC Price Guide is $4,250.
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‘’AU Capital Management, LLC is a leading supplier of rare coins, paper money and precious metals. Committed to authenticity, they strive to serve customers with high-quality goods they'll treasure..’’
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‘’AU Capital Management, LLC is a leading supplier of rare coins, paper money and precious metals. Committed to authenticity, they strive to serve customers with high-quality goods they'll treasure..’’
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‘’AU Capital Management, LLC is a leading supplier of rare coins, paper money and precious metals. Committed to authenticity, they strive to serve customers with high-quality goods they'll treasure..’’
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‘’AU Capital Management, LLC is a leading supplier of rare coins, paper money and precious metals. Committed to authenticity, they strive to serve customers with high-quality goods they'll treasure..’’
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